Free Trial

Neptune Digital Assets (CVE:NDA) Trading Up 19.4% - Here's Why

Neptune Digital Assets logo with Financial Services background

Key Points

  • Neptune Digital Assets Corp. shares experienced a significant increase of 19.4% in trading, reaching a high of C$1.31 before closing at C$1.17.
  • The trading volume surged to approximately 1,033,394 shares, which is a 49% increase compared to the average daily volume.
  • Neptune Digital Assets focuses on digital currency infrastructure including Bitcoin mining, cryptocurrency staking, and decentralized finance investments.
  • Five stocks to consider instead of Neptune Digital Assets.

Neptune Digital Assets Corp. (CVE:NDA - Get Free Report) was up 19.4% on Wednesday . The stock traded as high as C$1.31 and last traded at C$1.17. Approximately 1,033,394 shares changed hands during trading, an increase of 49% from the average daily volume of 695,207 shares. The stock had previously closed at C$0.98.

Neptune Digital Assets Stock Up 9.5%

The company has a fifty day moving average of C$1.24 and a two-hundred day moving average of C$1.46. The stock has a market capitalization of C$161.41 million, a price-to-earnings ratio of -127.00 and a beta of 2.18.

About Neptune Digital Assets

(Get Free Report)

Neptune Digital Assets Corp. builds, owns, and operates digital currency infrastructure assets in Canada. The company stakes and lends various digital currencies. It also engages in the Bitcoin mining, node operations, cryptocurrency staking, and decentralized finance (DeFi) tokens, as well as invests in liquidity mining pools.

Featured Articles

Should You Invest $1,000 in Neptune Digital Assets Right Now?

Before you consider Neptune Digital Assets, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Neptune Digital Assets wasn't on the list.

While Neptune Digital Assets currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

 The Best Nuclear Energy Stocks to Buy Cover

Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.

Get This Free Report
Like this article? Share it with a colleague.